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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Comment by sah1on Aug 28, 2017 10:35am
312 Views
Post# 26627803

RE:RE:RE:RE:OTC Short Interest UP-Date

RE:RE:RE:RE:OTC Short Interest UP-DateBalain, i'm thinking that PLI will be able to strike some deals on 4050, especially IPF, with current phase 2 data. I mean it is showing results better than existing standard of care drugs, even if not placebo controlled. Perhaps the upfront cash component may not be as high as people would hope but follow-on milestone payments and big cash payments when the drug is approved along with follow-on  royalties could work.

A couple of regional deals on IPF and a couple of partnership deals on plasminogen and other plasma proteins should address the cash shortfall until PLI is cashflow positive (late 2018  -- early 2019). We can't overlook the possibility of a voucher. Hopefully, we will hear from the FDA on pediatric designation and priority review in September. I fully agree that unless such deals are closed or vouchers obtained, the sp will languish and get clobbered once again if another equity financing is required.
Bullboard Posts